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557 Melanie Ln

Alexandria, AL 36250

3 bd 2 ba 2,310 sqft Built 2005 Lot 19,166 sqft single_family
Most recent sale
$198,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2026 Sold $216,000 GreaterAlabamaMLS
Jan 7, 2026 Listed $229,900 GreaterAlabamaMLS
Jul 22, 2022 Sold $198,000 MLS #1325517
Jun 28, 2022 Listed $194,900 MLS #1325517
May 6, 2008 Sold $71,555 MLS #385219
Apr 2, 2008 Listed $70,900 MLS #385219

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $29,120 $1,136
2020 $29,960 $1,168
2019 $29,120 $1,136
2018 $29,120 $1,136
2017 $31,180 $1,216
2016 $25,860 $1,009
2015 $25,860 $1,009
2014 $25,860 $1,009
2013 $25,920 $1,011
2012 $25,920 $1,011
2011 $29,460 $1,149
2010 $29,460 $1,149
2008 $14,740 $524
2007 $14,740 $691

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,310 sqft
Lot size
19,166 sqft
ZIP code
36250
City
Alexandria
Street
Melanie Ln
Coordinates
33.76793, -85.86058

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,188
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 557 Melanie Ln last sell?
557 Melanie Ln most recently sold on Jul 22, 2022 for $198,000.
What is the current tax assessment for 557 Melanie Ln?
The most recent total assessment for 557 Melanie Ln (year 2021) is $29,120 with $1,136 in property tax.
How does 557 Melanie Ln's assessment compare to its last sale price?
The current assessment is 85.3% below the last sale price of $198,000.
When was 557 Melanie Ln built?
557 Melanie Ln was built in 2005.
How does 557 Melanie Ln compare to others on Melanie Ln?
We track 3 other properties on Melanie Ln. Browse the list under "Other properties on Melanie Ln" to compare beds, baths, and sale history.
What are the property facts for 557 Melanie Ln?
557 Melanie Ln is a 3 bed, 2 bath, 2,310 sqft, 19,166 sqft lot single_family.
Is 557 Melanie Ln a flip candidate?
No — 557 Melanie Ln does not appear in our flips dataset.
Is 557 Melanie Ln a tax-appeal candidate?
No — 557 Melanie Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.2%
Implied 1-yr
+28.7%
2026 Q2
$331.8K
2026 Q3
$348K
ZIP 36250 — Median Price History + Forecast

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